Tag: Hambantota
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China, Sri Lanka to Fast-Track Hambantota Refinery
China’s state-owned oil company Sinopec signed an agreement with the Sri Lankan government to accelerate the building of a $3.7 billion oil refinery in the port city of Hambantota. The agreement includes fast-tracking unresolved issues around water access, land allocation, and taxes. The deal will be the largest single ...
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Sri Lanka Relents to Indian Pressure and Requests China to Defer Military Ship’s Arrival
Sri Lanka said on Monday it had asked China to defer the planned visit of a Chinese ship to the island country after initially approving its arrival this week, yielding to diplomatic pressure from neighbor India to keep the military vessel out.
The Legend of Hambantota and China’s “Debt Trap” Diplomacy
China's critics, largely in the U.S., often hold up the Sri Lankan port in Hambantota as the cautionary tale of what purportedly can happen when a developing country fails to pay back its loans to Beijing. Because Sri Lanka fell behind ...
Chile's outgoing President Gabriel Boric greets president-elect Jose Antonio Kast during an army-change-of-command ceremony, where the Commander in Chief of the Army, General Javier Iturriaga hands over the command to General Pedro Varela, in Santiago, Chile, March 9, 2026. REUTERS/Pablo Sanhueza
A political transition is underway in Chile this week. President-elect José Kast will be sworn in on Wednesday, and Chile’s long-standing commercial relationship with China will be put to the test. Just days before the inauguration, a dispute about a Chinese submarine cable project ...
China, Sri Lanka to Fast-Track Hambantota Refinery
China’s state-owned oil company Sinopec signed an agreement with the Sri Lankan government to accelerate the building of a $3.7 billion oil refinery in the port city of Hambantota. The agreement includes fast-tracking unresolved issues around water access, land allocation, and taxes. The deal will be the largest single ...
Sri Lanka Relents to Indian Pressure and Requests China to Defer Military Ship’s Arrival
Sri Lanka said on Monday it had asked China to defer the planned visit of a Chinese ship to the island country after initially approving its arrival this week, yielding to diplomatic pressure from neighbor India to keep the military vessel out.
The Legend of Hambantota and China’s “Debt Trap” Diplomacy
China's critics, largely in the U.S., often hold up the Sri Lankan port in Hambantota as the cautionary tale of what purportedly can happen when a developing country fails to pay back its loans to Beijing. Because Sri Lanka fell behind ...